National debt has been used as a propaganda tool in the class war to transfer wealth to the rich. What if you have a high national debt but a very low debt servicing payments? This […]
Philipp recently published a new empirical study on whether higher public debt levels reduce economic growth. Philipp Heimberger is Economist at the Vienna Institute for International Economic Studies (wiiw) This interview was originally posted in […]
The case of Slovenia shows once more that in the EU “There is no alternative”, just neo-liberalism. Marko Hočevar is a postdoctoral researcher at the Faculty of Social Sciences, University of Ljubljana (Slovenia). After […]
Be it a government deficit, inflation, or too much democracy, austerity is always the policy of choice for neo-liberals. Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. Chartered accountant. […]
The push to renew austerity is being felt in much of Europe as the maintenance of the existing hierarchy of wealth within society is the priority Richard Murphy is an economic justice campaigner. Professor of […]
Book Review by Michael Roberts Adam Tooze has a new book out, Shutdown. Tooze is the liberal left’s current favourite historian. His previous book, The Wages of Destruction, won the Wolfson Prize for History and […]
In which direction is Draghi going: serving the Italian people or EU neo-liberalism? Gustavo Piga is Full Professor of Economics at the University of Rome Tor Vergata Cross-posted from Gustavo’s website The Fall release of […]
The Left Party’s (Die Linke)s dismal results in the German elections eliminate any chance of a red-green-red (R2G) coalition government, much to the relief of the leaders of both the SPD Social Democrats and the […]
When debt grows faster than capitalism, the governance of capitalist political economies becomes a Ponzi-like confidence game. Wolfgang Streeck is the Emeritus Director of Director the Max Planck Institute for the Study of Societies in […]
Whilst the UK still lumbers under high COVID infection rates, and the economic recovery stalls, with GDP growth now at a trickle, the government wants to raise taxes. Even if you believed it was a […]
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